Conoil Plc, one of Nigeria’s major petroleum marketing companies, recorded a pre-tax profit of N1.8 billion in the third quarter, bracing the global and national headwinds that had seen many oil companies caving in under the weights of impairments. Interim report and accounts of Conoil for the nine-month period ended September 30, 2015 showed that the company’s bottom-line remained positive, although key figures were below the comparable period of 2014. The oil and gas sector has continued to struggle with… Read more